TNA Solutions IPO

TNA Solutions was incorporated in September 2021. Its manufacturing facility is located in Indore, Madhya Pradesh, where procured fabric undergoes cutting, stitching, embroidery, finishing, quality assurance, packaging and dispatch. The company supplies products to customers across international markets including the United States, UAE, South Africa, Israel, Singapore, Hong Kong, Malaysia and Mauritius. Its own brand Ambra Linens was launched in 2022 and the company launched its own Ambra Linens website in July 2026. As of July 31, 2026, the company had 193 employees on its payroll and 66 contractual employees.

IPO_DETAILS_LONG: TNA Solutions IPO is a BSE SME book-built issue of up to 54,08,000 equity shares of face value ₹10 each at a price band of ₹66 to ₹70 per share. The total issue size is up to ₹37.86 Cr. The issue is entirely a fresh issue. Of the total issue, 2,72,000 shares are reserved for the market maker and 51,36,000 shares constitute the net issue to public investors. The IPO opens on September 30, 2026 and closes on October 6, 2026. Allotment is scheduled for October 7, refund and demat credit for October 8, and listing on BSE SME is scheduled for October 9, 2026. The company proposes to use ₹6.76 Cr for civil construction of a new manufacturing unit and purchase of plant and machinery, ₹20 Cr for working capital requirements and the balance for general corporate purposes.